A house that is rented to three or more tenants who are not part of the same household is a house in multiple occupation or HMO. Landlords tend to believe that this is one of the best ways to run a rental portfolio as it is possible to collect rent from a larger number of people as opposed to one singular family; however, one must consider the area and property type. As a renter, an HMO allows for a cheaper rent as well as the ability to live with other people. HMOs are typically more attractive for younger renters and students and the demand for HMOs has made many landlords jump into action. If you believe you have the opportunity to convert a property into an HMO, there are a number of steps you will need to fulfil in order to ensure you are able to meet the legal requirements to rent to multiple individuals.